Demand for Skilled Workers Beginning to Percolate, Fed Survey Says

Hiring Increase Could Boost Salaries Across More Sectors of Economy

Rising demand for skilled workers could push up salaries across more sectors of the U.S. economy, according to the Federal Reserve's latest survey of regional economic conditions.

Hiring activity in general was "steady to stronger" across the U.S. from April through late May, according to the Fed's "beige book," based on anecdotal information about economic activity throughout the central bank's 12 districts. Overall, the report pointed to an economy that was improving from its weak performance earlier...